62, VALLEY WAY, EXMOUTH, EX8 4RL - £390,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

62 VALLEY WAY is a small extended detached house of 95m², built sometime between 1976 and 1982. It was last sold for £390,000 in September 2023, which was around 26% below the average September 2023 detached price in the East Devon local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

62 VALLEY WAY Sold Prices

Land registry data shows three sales for 62 VALLEY WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. All of the three 62 VALLEY WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 12 SEP	£390,000	£530,523	26% below HPI
2016 15 JAN	£263,000	£370,449	29% below HPI
2011 26 AUG	£234,950	£329,212	29% below HPI

62 VALLEY WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The three 62 VALLEY WAY sales between August 2011 and September 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 62 VALLEY WAY?

62 VALLEY WAY is 95m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses in Exmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Exmouth, and where 62 VALLEY WAY lies on this distribution: 38% of detached houses are smaller than 62 VALLEY WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Exmouth.

62 VALLEY WAY: Plot and Title Map

62 VALLEY WAY sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 62 VALLEY WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 62 VALLEY WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 62 VALLEY WAY?

62 VALLEY WAY is located in EXMOUTH, in the EX8 postcode district. The below map shows the position of No. 62 on VALLEY WAY.